Harrogate News

24 Jan

Brexit: no half-measures

Brexit took another turn during January, as UK Prime Minister Theresa May set out her vision for the UK’s exit from the European Union (EU). In a speech that set out the framework of her Brexit plan, she made it clear that the UK does not intend to stay in the European Single Market, as… Read more »

30 Nov

Autumn Statement 2016: Preparing the UK economy for a post-Brexit future

Brexit pervaded Chancellor of the Exchequer Philip Hammond’s first – and last – Autumn Statement. Whilst unveiling a raft of spending plans on transport, infrastructure and housing, he emphasised Brexit’s potential impact upon the UK’s finances, providing a downbeat assessment of the UK’s economic outlook and underlining the uncertainties clouding the UK’s future path. According… Read more »

16 Nov

Perspective Move up the Rank in FT Adviser listing

Great news for the Perspective Financial Group, we have once again featured in the FT Top 100 Financial Advisers league table. But more importantly, we now appear at position 16, moving up from position 34 in 2015 and position 47 in 2014.  This is an excellent achievement by the whole group.  The full rankings can be… Read more »

04 Nov

Brexit is not Brexit?

The High Court has declared that the Government cannot trigger Article 50 without a parliamentary vote. The Government will appeal, of course, but sterling is already higher on the news. Let’s indulge in some crystal-ball gazing: What if Brexit didn’t happen? The prospect seems absurd given the time and effort expended on the process so… Read more »

17 Oct

Potential Pitfalls

“To err is human” said the poet Alexander Pope; however, in investment, errors can be expensive. Sometimes, it’s only hindsight that helps us realise where we went wrong – so what are the most obvious hazards? Investors face many potential pitfalls, but one of the most common is to follow the herd, rather than using… Read more »

10 Aug

UK Base rate cut to new low of 0.25%

UK interest rates have been cut to a new all-time low. Bank of England (BoE) policymakers reduced base rate by 0.25 percentage points to 0.25% at their August meeting. Prior to their decision, the central bank’s key interest rate had remained at 0.5% since March 2009 – their lowest level since the BoE was established… Read more »

10 Aug

Challenging Times for Europe

Having dropped during June following the UK’s shock Brexit vote, European equity markets rose during July, boosted by speculation over further stimulus measures. Nevertheless, confidence remained brittle, undermined by terrorist atrocities in France and Germany, and by continuing uncertainties surrounding Brexit. European Central Bank (ECB) policymakers believe that Brexit could have a “significant” effect and… Read more »

06 Jul

BREXIT Decision Shocks UK Markets

Sentiment during June remained hostage to the fortunes of the referendum on the UK’s future membership of the European Union (EU). Market performance was volatile in the run-up to the vote; however, on balance, investors appeared to believe that most voters would ultimately opt to remain in the EU. However, in a surprising turn of… Read more »

06 Jun

Living to 100

It has long been recognised that medical advances, combined with a greater understanding of the impact of our lifestyle choices upon our health, have led to an increase in life expectancy. Looking ahead, future generations are, on average, likely to enjoy much longer and healthier lives than their predecessors. Estimates from the Office for National… Read more »

06 Jun

What is Auto-enrolment

One of the largest-ever shake-ups in the history of UK pensions, automatic enrolment (auto-enrolment) was introduced in 2012 to provide wider access to pension savings. A changing demographic backdrop means that, although people in the UK are living longer, they are not saving enough to finance their increasingly long retirements. Auto-enrolment is designed to provide… Read more »